e11io (OP)
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September 08, 2017, 07:04:18 PM |
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I personally think that it's debatable. The focus shouldn't be whether we are or not in a bubble, but if that bubble is helping push and refine emerging technologies to the masses. If there's progress pushing the blockchain then why not? BTC has always surpassed doomsayers expectations and came out in better shape. I've written my thoughts about this subject in the following blog post. What do you think?
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Zakhal
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I love crypto
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September 08, 2017, 07:47:01 PM |
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I still have plenty of reserve cash ready to buy as soon as that bubble bursts. Might take long time for all assets to recover but I can be patient.
Edit: Seems like bitcoin is starting to take another dip just right now. Hold your hats!
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quantum
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September 08, 2017, 07:59:03 PM |
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Yes, I think wa are in the big bubble, but still not in the top of it
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StockBet.com
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September 08, 2017, 08:02:55 PM |
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We're likely in the 5th bubble for Bitcoin.
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xenomorphe1
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September 08, 2017, 08:09:14 PM |
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The bubble is not finished i think. Everyone is waiting about the decisions of the chinese government about the Exchanges in China. If they are really going to close them or not. It will have a big impact for the future of the crypto world. I don't know if chinese people from China can access Exchange outside China. They will be the winner if it is the case. But the government can also block their access.
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bongiu
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September 08, 2017, 08:10:35 PM |
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In the experience I've had, bubbles are very normal in the cryptocurrencies world, there has been some really destructive ones but in the end, prices always go up eventually ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif)
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maeusi
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September 08, 2017, 08:41:13 PM |
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We seem to be since beginning in a bubble and that although still a minority of people are investing into altcoins. So I think, we are just at beginning and shouldn't waste our money into day trading as I did. We should choose legit coins for our portfolio and keep them. Also should we take the chance, as long as we have it, go with great ICO projects
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BrotherTim
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September 08, 2017, 09:03:57 PM |
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Yeah we are, but the question is... will it pop soon, or will it ride a bunch higher first
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sweerty1
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Presale Starting May 1st
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September 08, 2017, 09:06:37 PM |
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We are in ICO bubble. But I don't agree its cryptocurrency bubble. There are millions of newcomers. Market cap is realistically higher than past. Noone is in short term.
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TrumpD
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September 08, 2017, 09:20:37 PM |
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Are some investors driving up the price to speculate? I think that’s a fair bet, although that’s a problem in any market. Its somewhat difficult to call because bubbles are close to impossible to detect in advance.
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e11io (OP)
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September 08, 2017, 11:03:18 PM |
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Yes, I think wa are in the big bubble, but still not in the top of it
IMHO it doesn't really matter if we're in a bubble or not. The outcome is what matters.
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bitcoindusts
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September 08, 2017, 11:06:07 PM |
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I do not think we are in a bubble ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) though I don't care if we are. All I care is that the technology is getting accross the entire planet, bubble or not people are getting aware of this beautiful technology. Anyway price is created by demand, as long as there is solid demand I do not think that there is a bubble happening.
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BitPACK
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September 08, 2017, 11:44:04 PM |
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if this .com is bubble we are in bubble too. but this is the future. and we are in future. we all are early adapter.
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CoinCollector006
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September 09, 2017, 04:02:42 AM |
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I would argue that there are multiple bubbles across markets: bond markets (interest rates are at generational lows due to central bank manipulation), the art market ($100 million for a Picasso seems out of line), stock markets (typical stocks in the Russell are trading at 30x + PE ratios), crypto markets (increased from $17B to $180B in less than 1 year seems too far too fast) and real estate (don't even get me started but how can a shack in Silicon Valley sell for $1.5M?)
All of that said I still feel Bitcoin and selected alt coins rare relatively undervalued versus most equity assets and most fiat assets. I expect investors to pull out funds out of cash, gold and equities to purchase crypto assets and we could conceivably have parabolic rallies interrupted by an occasional 30% to 50% drop in the major alt coins.
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grizmoblust
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September 09, 2017, 04:33:43 AM |
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no. This crypto world still in early stage. just calm
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ahtremblay
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September 09, 2017, 04:37:27 AM |
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bubble about Ico's ![Sad](https://bitcointalk.org/Smileys/default/sad.gif) same idea with you ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) too many ICO now
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Sephire
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September 09, 2017, 04:46:07 AM |
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We are only in very early stages in the crypto bull market and nowhere near a bubble phase. Many articles and posts compare the huge percent gains in bitcoin and other altcoins to Nasdaq or real estate and conclude it must be a bubble since the gains are even higher than those bubbles. But most of the common people do not even know about cryptos to invest in these so it cannot be a real bubble without widespread participation. The ICO frenzy may be the only bubble indicator to worry about.
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poodle63
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September 09, 2017, 04:53:51 AM |
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I personally think that it's debatable. The focus shouldn't be whether we are or not in a bubble, but if that bubble is helping push and refine emerging technologies to the masses. If there's progress pushing the blockchain then why not? BTC has always surpassed doomsayers expectations and came out in better shape. I've written my thoughts about this subject in the following blog post. What do you think? The government are trying to push the crypto with their regulation and that was so annoying in my opinion. WE are not in the bubble because the bubble don't even burst, Too many attacks from the goverment to us. That was very true.
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Michael_Gims
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September 09, 2017, 06:34:11 PM |
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It's debatable but I don't think so.
Of course some projects are overrated, but the global crypto marketcap is undervalued in my opinion.
The best Cryptos have a lot of advantages compared to fiat money.
And fiat money printing is more and more out of control.
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cryptor47
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September 09, 2017, 07:00:41 PM |
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In my opinion cryptospace is nowhere near a bubble yet. ICOs are though. The fact that some of these project are raising 50+ million in a matter of minutes with nothing more then some good marketing is a not a good sign.
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